Discover discounted stocks with potential for growth

  • FedEx shares trade at a historically wide discount to the S&P 500
  • Hillenbrand stock trades at a 43% discount to the S&P 500
  • Bloomin’ Brands shares are trading at just under 10 times earnings
  • SPDR S&P Regional Banking ETF trades at less than half the S&P 500’s multiple

The equal-weighted S&P 500 index has dropped 3% from a recent high, making beaten-down stocks more attractive. Here are four stocks to consider: 1. FedEx: Shares trade at a historically wide discount to the S&P 500 and have the potential to rebound once volumes recover. 2. Hillenbrand: This industrial company trades at a 43% discount to the S&P 500 and aims to grow sales above the rate of global economic growth. 3. Bloomin’ Brands: Parent company of Outback Steakhouse, shares are trading at just under 10 times earnings and has the potential for long-term growth. 4. SPDR S&P Regional Banking ETF: This ETF owns regional banks and trades at less than half the S&P 500’s multiple. Stable or lower rates could boost loan volumes and earnings-per-share growth. Keep an eye on these stocks as they may slip further and present even better buying opportunities.

Public Companies: FedEx (FDX), Hillenbrand (HI), Bloomin’ Brands (BLMN), SPDR S&P Regional Banking (KRE), Citizens Financial Group (CFG), Truist Financial (TFC), New York Community Bancorp (NYCB)
Private Companies:
Key People:

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Factuality Level: 7
Justification: The article provides information about several stocks that are considered cheap and potentially attractive for investors. It includes some data and forecasts from analysts to support the recommendations. However, the article does not provide a comprehensive analysis of the stocks or consider potential risks and uncertainties. It also lacks a balanced perspective by not presenting alternative viewpoints or potential drawbacks of the recommended stocks.

Noise Level: 3
Justification: The article provides specific examples of beaten-down stocks that may be attractive to investors. It mentions the factors that could contribute to the rebound of these stocks and provides some financial data to support its claims. However, the article lacks in-depth analysis and does not provide a broader perspective on the market or potential risks.

Financial Relevance: Yes
Financial Markets Impacted: The article discusses beaten-down stocks and their potential for rebounding, which can impact stock buyers and investors.

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article focuses on the financial aspect of identifying cheap stocks and their potential for growth, without mentioning any extreme events or significant impacts.

Reported publicly: www.marketwatch.com